Reconstructing Liberalism: Hayek, Lippmann and the Making of Neoliberalism

Colin-Jaeger, Nathanaël

doi:10.4000/oeconomia.10874

Cited by 2 publications

(1 citation statement)

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“…On Hayek's view, a well-functioning liberal polity must enable the market mechanism to function freely and uninhibitedly by top-down planning. This is primarily because the “knowledge of the circumstances of which we must make use never exists in concentrated or integrated form, but solely as the dispersed bits of incomplete … knowledge which all separate individuals possess” (Hayek 1945: 519) and whose individual interactions with each other lead to a spontaneous order via the price mechanism (Petsoulas 2013; Colin-Jaeger Forthcoming). In Hayek's words, the fundamental economic problem of society is a “problem of the utilization of knowledge not given to anyone in its totality” (Hayek 1945: 520).…”

Section: Introductionmentioning

confidence: 99%

On the Epistemological Similarities of Market Liberalism and Standpoint Theory

Pils¹,

Schönegger

2021

Episteme

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In this paper, we draw attention to the epistemological assumptions of market liberalism and standpoint theory and argue that they have more in common than previously thought. We show that both traditions draw on a similar epistemological bedrock, specifically relating to the fragmentation of knowledge in society and the fact that some of this knowledge cannot easily be shared between agents. We go on to investigate how market liberals and standpoint theorists argue with recourse to these similar foundations, and sometimes diverge, primarily because of normative pre-commitments. One conclusion we draw from this is that these similarities suggest that market liberals ought to, by their own epistemological lights, be more attentive towards various problems raised by feminist standpoint theorists, and feminist standpoint theorists ought to be more open to various claims made by market liberals.

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Section: Introductionmentioning

confidence: 99%